Our Next Big Contract? Europe?
Well, having picked up a bit more today, I have been refreshing my brain with some of ESWW PR from the last 6 months.
While it is possible the Q2 report on Aug 15 could put up to a buck, I am not sure that will be enough unless we get another decent contract announcement that can contribute to Q3 revenue, which means it has to come fairly soon.
So, I started to wonder where might our next big contract come from, particularly one that would put us above a buck permanently. My answer is Europe, most likely Germany.
Consider a subtle quote from the CEO in the announcement of the listing ESWW on the Frankfurt Exchange:
David J. Johnson, ESW's President and CEO commented, “The listing on the Frankfurt Stock Exchange is another milestone in our growth strategy. We chose to list the Company’s common stock on the Frankfurt Stock Exchange as a result of a growing interest from European investors coinciding with our increasing product sales into this new market. This new listing will make ESW more visible and accessible to new and existing shareholders and may enable the Company to attract European institutional funds to trade the Company's common stock in Euros.”
Note the statement "coinciding with our increasing product sales into this new market". This could be referencing Germany specifically, or Europe as a whole.
Do we get a contract from the government-supported aftermarket retrofit starting this year in Germany?
Might we get our first contract from a NATO Army?
I have no inside knowledge at all and this is a complete guess. But in my mind we have another contract announcement coming sometime before September 1. And given we have been laying seeds in Europe for a few years and we have not had a significant contract from there yet, I think the next contract or major partnership is going to be from Europe and, most likely Germany, since our product was verified there 6 months ago or longer. And I think it is coming soon.
